PE-firm J.F. Lehman & Company announced that it has acquired PSSC Holding Co. and its subsidiary BEI Precision Systems & Space Company Inc. (BEI PSSC), a provider of high-accuracy positioning sensor technologies and advanced design, manufacturing and testing for resilient products and systems. The company's products are used in defense and space applications.
Deal terms were not disclosed. Evercore Partners advised J.F. Lehman while KippsDeSanto & Co. advised BEI PSSC.
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